The state: Agent or proprietor?

Grossman, Herschel I.

Abstract

The state: Agent or proprietor?

Herschel I. Grossman

Deceased

Economics of Governance, Vol. 1, Issue 1, 2000

Abstract:
This paper addresses the following question: Does characterizing the state to be an agent of its citizens provide a useful "as if" framework for positive analysis of economic policy? Or, can we understand economic policy only by explicitly characterizing the state as proprietary, the instrument of the ruling elite?

Keywords: Political Economy, State, Ruling Elite, Credibility, Economic Policy

JEL Classification: D78

Accepted Paper Series

Date posted: September 19, 2000

Suggested Citation

Grossman, Herschel I., The state: Agent or proprietor?. Economics of Governance, Vol. 1, Issue 1, 2000. Available at SSRN: http://ssrn.com/abstract=233113

Contact Information

Herschel I. Grossman (deceased) (Contact Author)

Deceased

N/A